Korea’s controlled foreign corporation rules

In the Asian M&A Special Report, the complex, multi-directional transactions which have marked the region of late are examined in detail. The simple days of inbound Western investment are clearly a thing of the past.

Since February 2008, pursuant to the Act on Citizen Participation in Criminal Trials, defendants in many types of criminal cases in Korea have had the right to a “citizen’s participation” trial, where a group of five to nine jurors acts ...